Norway’s government said on Tuesday it proposed introducing taxes on foreign companies and employees involved in fish farming on the country’s continental shelf and on workers in offshore wind power and other offshore activities.
Norwegian companies and workers operating in the same areas are already subject to taxation.
If approved by parliament, a tax rate of 22% will be introduced from 2025 onwards, the finance ministry said in a statement.
While onshore activities and companies operating close to the shore are already subject to taxation, the new proposal covers businesses operating further out at sea that are not covered by current tax rules, the ministry added.